Committee for a Responsible Federal Budget
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Blog

Welcome to our blog – The Bottom Line, where you’ll find up-to-date commentary and analysis on the most important news in the fiscal world. Below is a list of our blog posts.

Jul 26, 2013 | Budgets & Projections

CBO Estimates the Economic Hit of the Sequester

Today, the Congressional Budget Office released a report detailing the projected economic effects of repealing the sequester starting August 1. The...
Jul 25, 2013 | Social Security

Fact or Fiction: Is Social Security Regressive?

Is Social Security a distributionally regressive system overall? Some people may have this conception due to a few features of the program: higher-...
Jul 25, 2013 | Taxes

Broadening Base-Broadening: "Beyond Tax Expenditures"

Readers of The Bottom Line know that we talk frequently on the subject of tax expenditures, the deductions, credits, and other tax preferences which...
Jul 24, 2013 | Other Spending

NYT Gets It Wrong on the Student Loan Deal

A recent New York Times editorial gets it wrong by opposing a bipartisan student loan deal that would lower interest rates for all new students...
Jul 24, 2013 | Budget Process

New Life for Generational Accounting

Senators John Thune (R-SD), Tim Kaine (D-VA), Rob Portman (R-OH), and Chris Coons (D-DE) have introduced the Intergenerational Financial Obligations...
Jul 24, 2013

MY VIEW: Judd Gregg

In the midst of our slow economic recovery, both the public and our Congressional leaders alike can too easily narrow their field of vision to solely...
Jul 23, 2013 | Health Care

A More Detailed Physician Payment Reform Proposal

After releasing a broad physician payment reform draft, the House Energy and Commerce Committee has released a more fleshed out framework to replace...
Jul 23, 2013 | Taxes

Making the Case for Fundamental Tax Reform

Today, the Campaign to Fix the Debt released a memo making the case for the “blank slate” approach to tax reform proposed by Senate...
Jul 23, 2013

Line Items: Summer Heat Edition

Heat Is On – The heart of the summer is upon us and Washington is feeling the heat in more than one way. In addition to record temperatures,...
Jul 22, 2013

MY VIEW: Erskine Bowles and Alan Simpson

Today, Fiscal Commission co-chairs and CRFB board members Erskine Bowles and Alan Simpson published an op-ed in Politico reiterating their support...
Jul 19, 2013 | Other Spending

The Student Loan Agreement: Not a Bad Deal for Students

Yesterday, CRFB praised the recent bipartisan agreement to enact a permanent fix for student loans instead of another temporary and costly solution....
Jul 19, 2013

Fiscal Implications of Rising Market Pressures

In a recently released IMF working paper, economists Salvatore Dell’Erba, Todd Mattina, and Agustin Roitman looked into the precursors of...
Jul 18, 2013

Fix the Debt Hosts National Fly-In

This week Fix the Debt supporters from around the country visited Washington, DC to ask their representatives to work together and address the...
Jul 18, 2013

The Student Loan Saga Ends?

After weeks of deliberation and two and a half weeks after a key deadline passed, we finally have a deal on student loans. A bipartisan group of...
Jul 18, 2013

MY VIEW: Marc Goldwein

Should Social Security cost-of-living adjustments (COLAs) be trimmed? In a recently released CQ Researcher Report focusing on government...
Jul 17, 2013

Peterson Foundation Shows Long-Term Problems Remain Unsolved

Why is the long-term debt problem important for the country? And why should lawmakers care about it now? Those are the two main questions the...
Jul 17, 2013 | Taxes

Retargeting Tax Expenditures

As Senator Finance Chairman Max Baucus (D-MT) and Ranking Member Orrin Hatch (R-MI) continue to work through tax reform using their "blank slate...
Jul 16, 2013 | Social Security

Boskin Underscores the Need for DI Reform

With all of the new developments in tax reform it may be easy to forget about entitlements. But Michael Boskin, former chairman of the Council of...
Jul 15, 2013 | Taxes

Thinking Broadly: TPC's Analysis of Limits on Tax Expenditures

There is a clear consensus across the political spectrum that reforming the tax system will require going after the many tax expenditures that litter...
Jul 12, 2013 | Other Spending

Hagel Releases DoD Contingency Plan

The sequester has always been a blunt and mindless way to reduce the deficit, and for the Defense Department, its effects are now clearly being seen...

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